HNI Corp reports results for the quarter ended in December - Earnings Summary

HNI

23/02/2023 14:32

* HNI Corp  HNI.N  reported quarterly adjusted earnings of
63
cents​​ per share for the quarter ended in December. The mean
expectation of four analysts for the quarter was for earnings of
48 cents per share.
    * Revenue fell 5.6% to $568.90 million from a year ago;
analysts
expected $559.22 million. 
    * HNI Corp's reported EPS for the quarter was 39 cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.5%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * HNI Corp shares had risen by 10.6% this quarter.
    * The company reported quarterly net income of $16.3
million.
    * Wall Street's median 12-month price target for HNI Corp is
$35.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
23 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.48           0.63           Beat
 Sep. 30 2022      0.65           0.71           Beat
 Jun. 30 2022      0.34           0.52           Beat
 Mar. 31 2022      0.23           0.33           Beat